Crypto credit cards rise as traditional credit cards get ditched
According to BeInCrypto, traditional credit cards are being ditched in favor of crypto rewards credit cards. Examples are Crypto.com’s Visa and BlockFi’s Visa.
Other findings threw out there are that 46% of crypto credit card holders aim to use their crypto credit cards for every purchase. And, 80% think Bitcoin will totally replace traditional credit cards. Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) are the most preferred cryptocurrency reward coins among the study’s respondents.